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Average List Price
$653,241
Average Price per Sqft
$315
Number of Active Listings
7,303
New Listings (last 30 days)
1,634
Average Days on the Market
1695
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1214
Average Sale Price (last 30 days)
$580,672
Rental Market
Average Rent per month
$2,809
Phoenix, Arizona, is a hotspot for multifamily income properties, boasting a booming economy, rapid population growth, and a strong rental market. As one of the fastest-growing cities in the United States, Phoenix attracts a diverse tenant base, including young professionals, retirees, and families seeking affordability and opportunity. The city's sunny climate and business-friendly environment have fueled development and demand for quality housing, making it an ideal market for investors. With a mix of modern apartment complexes, mid-sized developments, and high-demand suburban communities, Phoenix offers a range of multifamily investment opportunities. Its steady rental growth and low vacancy rates make it a prime destination for those seeking strong cash flow and long-term value in the multifamily sector.
Map of the area
$1,895,000
$755,000
$1,100,000
$350,000
$2,500,000
$3,590,000
$1,600,000
$775,000
$375,000
$875,000
$24,000,000
$3,500,000
$945,000
$849,000
$3,150,000
$4,750,000
$1,155,000
$900,000
$1,300,000
3D Tour
$1,100,000
$2,600,000
3D Tour
Multiple Dwellings
$1,950,630
MLS# 6980315
ACTIVE
$949,900
Days on the Market
Ascending
24
Land
$1,195,000
MLS# 6988561
ACTIVE
Listing Office: Compass
Land
$249,900
MLS# 6988186
ACTIVE
Listing Office: ARRT of Real Estate
Land
$249,900
MLS# 6988188
ACTIVE
Listing Office: ARRT of Real Estate
Land
$499,999
MLS# 6988051
ACTIVE
Listing Office: MCO Realty
Land
$550,000
MLS# 6987149
ACTIVE
Listing Office: Realty ONE Group
Land
$2,400,000
MLS# 6987503
ACTIVE
Listing Office: Colliers International AZ
Land
$169,000
MLS# 6987679
ACTIVE
Listing Office: eXp Realty
Land
$110,000
MLS# 6986458
Closed
Listing Office: United Southwest Realty
Land
$1,700,000
MLS# 6986821
ACTIVE
Listing Office: Kidder Mathews
Land
$735,000
MLS# 6982170
ACTIVE
Listing Office: Coldwell Banker Realty
Land
$220,000
MLS# 6985996
CONTRACT
Listing Office: eXp Realty
Multiple Dwellings
$949,000
MLS# 6982171
ACTIVE
Listing Office: PMI East Valley
Land
$550,000
MLS# 6986091
ACTIVE
Listing Office: West USA Realty
Land
$349,000
MLS# 6789152
ACTIVE
Listing Office: Compass
Land
$275,000
MLS# 6985261
CONTRACT
Listing Office: West USA Realty
Land
$495,000
MLS# 6984974
ACTIVE
Listing Office: SERHANT.
Land
$155,000
MLS# 6985007
ACTIVE
Listing Office: Fathom Realty
Land
$189,000
MLS# 6984659
PENDING
Listing Office: Jason Mitchell Real Estate
Land
$500,000
MLS# 6983162
ACTIVE
Listing Office: West USA Realty
Land
$6,000,000
MLS# 6983631
ACTIVE
Listing Office: Realty ONE Group
Land
$360,000
MLS# 6982398
ACTIVE
Listing Office: Colonial Realty, LLC
Land
$340,000
MLS# 6982427
ACTIVE
Listing Office: Colonial Realty, LLC
Land
$249,000
MLS# 6982221
ACTIVE
Listing Office: Expert Realty LLC
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